Business

July 22, (THEWILL) — The Monetary Policy Committee of the Central Bank of Nigeria (CBN) has retained the Monetary Policy Rate at 27.50 percent, marking its third consecutive hold in 2025. This decision was announced by the CBN Governor, Olayemi...

July 22, (THEWILL) — The Nigerian National Petroleum Company Limited (NNPCL) has reported a total revenue of N4.571 trillion for June 2025, marking a decline from the N6.008 trillion recorded in May. According to its June 2025 Monthly Report Summary,...

July 21, (THEWILL) — The $18 billion reportedly spent on the repairs of the Nigerian National Petroleum Company Limited (NNPCL) refineries constitutes a per capita contribution of N135,000 by 200 million Nigerians over 10 years.   Although various figures had featured...

July 20, (THEWILL) — The Federation Allocation Account Committee (FAAC) has shared a total sum of N1.818 trillion to the Federal Government, States and Local Government Councils as June 2025 Federation Account Revenue. The allocation was shared at the...

July 20, (THEWILL) — Shares of Guaranty Trust Holding Company Plc (GTCO) recorded a 66.8 percent gain, year-to-date, as of Friday, July 18, 2025, closing at N95.05 per share against N57 it opened at the beginning of the year. In...

July 20, (THEWILL) — At the NOG Energy Week in Abuja, industry leaders robustly defended Nigeria’s local content policy, rejecting claims that it inflates business costs in the oil and gas sector.   They cautioned that such criticisms jeopardize the nation’s...

July 20, (THEWILL) — The Nigeria Green Bond Market Development Programme (NGBMDP), a strategic partnership of FMDQ Group PLC and Financial Sector Deepening Africa (FSD Africa), has announced the launch of the Sustainable Finance Bootcamp. This is a tailored programme designed to empower Nigerian businesses by providing them with the essential tools,...

July 18, (THEWILL) — The Federal Government has dismissed reports linking it or the Attorney General of the Federation and Minister of Justice to the recent acquisition of shares in FBN Holdings (First HoldCo). The rebuttal follows widespread reports that...

July 18, (THEWILL) — FirstBank, one of West Africa’s leading financial institutions, has announced that it has crossed the ₦1 trillion mark in cumulative instant digital loan disbursements. The milestone, confirmed in a statement on Friday by Olayinka Ijabiyi,...

July 18, (THEWILL) — Zenith Bank has been named Best Bank in Nigeria at the Euromoney Awards for Excellence 2025, clinching the biggest and most coveted country award in this category. Euromoney’s Awards for Excellence are one of the most...